Joshua Horowitz Purchases 1,704 Shares of BK Technologies Co. (NYSEAMERICAN:BKTI) Stock

BK Technologies Co. (NYSEAMERICAN:BKTI) Director Joshua Horowitz purchased 1,704 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The shares were purchased at an average cost of $16.82 per share, with a total value of $28,661.28. Following the completion of the acquisition, the director now owns 86,670 shares in the company, valued at approximately $1,457,789.40. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Joshua Horowitz also recently made the following trade(s):

• On Monday, August 19th, Joshua Horowitz acquired 3,330 shares of BK Technologies stock. The shares were purchased at an average price of $19.86 per share, for a total transaction of $66,133.80.

BK Technologies Price Performance

Shares of BK Technologies stock opened at $20.90 on Thursday. BK Technologies Co. has a 52-week low of $10.46 and a 52-week high of $21.80. The stock has a market capitalization of $73.78 million, a PE ratio of -232.20 and a beta of 1.17.

BK Technologies (NYSEAMERICAN:BKTI) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.47 earnings per share for the quarter. BK Technologies had a negative net margin of 0.38% and a positive return on equity of 0.58%. The business had revenue of $20.25 million during the quarter.

Institutional Investors Weigh In On BK Technologies

Institutional investors have recently made changes to their positions in the stock. Bard Associates Inc. grew its stake in BK Technologies by 9.0% during the fourth quarter. Bard Associates Inc. now owns 138,617 shares of the company’s stock worth $1,695,000 after buying an additional 11,485 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in BK Technologies by 19.4% in the second quarter. Dimensional Fund Advisors LP now owns 54,086 shares of the company’s stock valued at $692,000 after acquiring an additional 8,798 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in BK Technologies by 52.5% during the second quarter. Renaissance Technologies LLC now owns 141,816 shares of the company’s stock valued at $1,815,000 after purchasing an additional 48,838 shares in the last quarter. 55.05% of the stock is currently owned by institutional investors.

About BK Technologies

BK Technologies Corporation, through its subsidiary, BK Technologies, Inc, engages in design, manufacture, and markets wireless communications products in the United States and internationally. The company offers two-way land mobile radios (LMR) that are hand-held (portable) or installed in vehicles (mobile).